Content
Published:
This is an archived release.
Marked increase in sales of dwellings
The sales of dwellings rose by 17 per cent in the first quarter of 2010 compared with the same period the previous year. The aggregated value of dwellings transferred on the free market rose by 26 per cent.
In total, 37 000 transfers of real property were registered in the first quarter of 2010; an increase of 9 per cent compared with the same quarter in 2009. The aggregated value of the transferred properties amounted to NOK 52.8 billion; a 21 per cent increase compared with the same period the previous year.
Marked increase in transfer of dwellings
In total, 14 800 dwelling properties with building were sold on the free market in the first quarter of 2010. This is 17 per cent more than in the first quarter of 2009. The average price for these properties was NOK 2.4 million. The average price per dwelling transfer in the first quarter of 2010 was highest in Oslo and Akershus, with NOK 3.9 million and NOK 3.0 million respectively.
Small changes for holiday homes
The number of holiday homes sold on the free market amounted to almost 1 600 in the first quarter of 2010. Compared with the first quarter of 2009 this is a decrease of 2 per cent. For these properties, the average price was NOK 1.4 million. Vestfold experienced the highest average price, with NOK 1.9 million per holiday home transferred on the free market. Transfers of holiday homes on a leased site are not included in these figures.
What are the statistics about?
The statistics are based on the number and the value of the registered transfers of real property. The composition of sold properties varies over time as regards size, standard and location. Due to this, the change in average price per transfer from one year to another does not reflect the correct price trend for a certain type of property. For instance, a large number of high-standard holiday homes have been built in recent years. Therefore the average purchase price per transferred holiday home has increased more than the price of one single holiday home. The
House price index
shows the price trend for dwellings.
Date of registration and date of sale
The statistics are based on the date of registration. This date can be several weeks or months later than the date of sale.
Free market saleFree market sale means that the property is sold for a price corresponding to the market value. The property is not always announced for sale on the free market. |
Tables:
- Table 1 Registered transfers of real property. 1st quarter 2007-2010*
- Table 2 Registered transfers of real property, by quarter. 1998-2010*
- Table 3 Registered transfers of real property, by type of property. 1st quarter 2007-2010*
- Table 4 Registered transfers of real property, by type of transfer and type of property. 1st quarter 2010*
- Table 5 Transfer of dwelling properties with building, free market sale, by purchase price
- Table 6 Transfer of dwelling properties with building, free market sale, by type of dwelling
- Table 7 Transfers of holiday properties with building, free market sale, by purchase price
Additional information
The statistics are based on the date of registration. On average, a property is registered 30 days after the date of sale.
Contact
-
Terje Olav Rundtom
E-mail: terje.olav.rundtom@ssb.no
tel.: (+47) 91 38 60 61